About your Search

20130416
20130424
Search Results 0 to 10 of about 11
of that smile. airport delays, the president will not divert spending cuts to nonessentials, won't do it. tax refunds to people who didn't pay a dime in the first place. the irs overpaid to the tune of 13 billion dollars. 6 million free cell phones for the poor, not enough. the administration wants to extend the program to high speed internet. and the internet sales tax passes the senate. so, you, sit on the tarmac, game the tax system and get your free internet and let's find something else to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25% pre-market and offered a month free with "house of cards" as the bait and people liked it, big jump in subscribers, almost as many pay for netflix
't -- the guy supposed to be watching out for things like false tax refunds going out the door. so this is a twist on we have been asked to pay our fair share. now they have been caught taking their fair share. this has national implications because of the government furloughs. in other words, budget cuts, federal workers being laid off. the federal workers are basically allegedly getting government benefits but then getting rehired and not telling the government that they have been rehired. so 13 of these irs workers were caught essentially lying saying there were still out of a job when they weren't. gerri: what a story, but what it reminds me of, didn't you report that lots and lots of federal workers don't pay their income taxes? >> that's right. something like three and half billion in back taxes. 312,000 federal workers searching all across branches of the federal government. the department of housing and urban development, the government printing office, the most. even the treasury department, some myra's workers are not paying their federal taxes. get this. another twist. w
sense. the president's strategy is he wants the taxes increased. we are not willing to do that. these big cities, chicago, atlanta, those airports will feel the impact economically. people around the country will be weighing in. we looking at legislation to push this issue. there is 47,000 employees. there are 15,000 controllers. also, when you look at what they are and, waterloo, iowa, it is treated the same way as chicago. this does not make sense. lori: you are exactly right. i meant to say looking for a tax increase. here is the dead -- devils advocate. it will actually lay off workers >> that for morale. this is bad for the safety. the airline industry, whether it is cargo or passengers, contributes a trillion dollars to the economy. this is very bad. again, they have the authority to be flexible. if the economy continues to move, the safety is intact. lori: they may postpone these for those 30 days. do you think that is a viable solution? >> they have that flexibility. they think they will get us back to the table to have an increased tax on the american people. that will
is not growing and getting a little weaker with the higher taxes, but, you know, and i also like netflix. i like amazon. i like sales force. i like companies that they actually are creating demand because they're new leading edge products. yes they have a very high p-e. so does sales force. so does amazon. but they're generate, they at tracking new revenues from new businesses that didn't exist before. netflix is a great example. david: one. hits against apple right now, which you are recommending. and this is to michael. they haven't come out with a new product line. they have been sort of revising some old models. does that concern you? are you still for apple even though the new products don't seem to be anywhere to be seen? >> i would agree with you, in the past couple quarters we haven't seen anything compelling coming out. but i think that is going to change. i think we heard a lot about an i-watch. i think we heard about itv. we heard about a new ipad coming out. we'll get something not a complete makeover but a new iphone. i believe the product seitel will -- cycle will get much better n
: that underestimate the effect of the tax hikes? >> no doubt about it. we have been underweight a negative on the home building and consumer discretionary dough mess i canly levered sectors for a couple reasons. one we thought the market was underestimating the tax effect as you alluded to. the second piece was the market was understilting the fact that the mortgage credit channel remains impaired. you see that in bank earnings this week. all the disappointment on the banking side has come on the mortgage channel. david: why bank of america got hit so hard. >> bank of america, jpmorgan, wells fargo. in essence this is a function of freddie and fannie as well as the fha still mispricing mortgage credit risk. and, there are still being unresolved issues in the banking system about capital requirements for basal 3 and bank uncertainty. david: what about what we still have. you advise getting into bond-like stocks . what do you mean by that? >> well, in essence we've had this outperformance of the more defensive sectors but it is not so much that they're defensive. we're talking about stable cash flows, s
. it lets bmw avoid painful 100% tax that india imposes on if finished cars into the country. that's latest from the fox business network, giving you the power to prosper david: well apple's stock fell to a 1-year low today as word came of delays in production of new products including the iphone 5 s and mini ipad ii. one of those reports about delays came from jeffries and company managing director peter misek. he came from apple's asian manufacturing centers. peter, joins us on the phone. peter, what do you think of the market reaction. do you think they overreacted to the your report? >> i don't think it was our report that drove it alone. our report came out yesterday and market digested it easily. i think it had a lot to do with confirmation that there was a slowdown in production. cirrus logic report worse than expected and guided down materially versus street expectations. we had industry publications out of asia talking about declines in ipad mini production of 20 to 30%. all triangulating on the same data which there is slowdown in apple's production. david: peter, you were actuall
. and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy they get crazier. and elvis impersonator arrested. "dobbs law" next. disappointing economic reports and earnings driving the market's lower. a former ceo of the dnc, john allison's eyes this to tell us what it means. the gang of eight makes its pitch for emigration reforms. the secretary of state, chris go back tells us why it is just one big, bad idea. ♪ are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. @ you know it even after all these yea
higher taxes and the cuts. beige book quotes some firms in some districts quoted higher gasoline prices and expiration of payroll tax cut and winter weather as factors constraining sales and. numerous districts reported uncertainty or weakness in certain military and defense related sectors. tracy: peter barnes, thank you very much. payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future. >> that's exactly right. what it does it takes into account the volatility and fear in the market over the 30 days ahead for the s&p 500. that's exactly what we're seeing here today. we're seeing it at a level of 1 d. it was up over 24% earlier today. we're certainly see
of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. shoot. now with the share everything plan from verizon, connect your camera, along with your smartphone and tablet. all your devices connected by one simple plan on the powerful network. record video. connect more. so you can do more. the share everything plan from verizon. add additional devices like the samsung galax
quickly. the arrest in taxes of the wife of the exit justice of the piece there charged with three murders. the d.a., assistant d.a., and the wife of the district attorney. >> the odd thing about that is police went and basically on her confession that she was the one who often these people, sort of, i guess, in retribution for has been getting convicted. very convoluted. he gets convicted of stealing and lost his job. lou: stealing three computers. >> shooting three innocent people. now warmer has it that she will also put the gun and arouse the sand. right now he has not been charged with murders. >> in jail for making terroristic threats, and he is in jail for the bond. what she is now saying, she's the one that pull the trigger. they found a warehouse full of arms and the car. has really been -- the investigation has been amazing. lou: we don't have an opportunity to do this enough. the investigators, law enforcement agencies, the prosecutors have been brilliant in the state of texas in the way in which they have handled this. >> without a doubt. and the fact of the public did not know
because the sequester, payroll tax cut that went away, all that stuff, melissa is factoring i think what is happening in these companies to where mark's point, yeah they have all run up and now we're starting to say the cows are coming home and we don't have true earnings growth, the top-line growth that we need. melissa: lance, that is absolutely right. that is the theme we hear again and again, they can't grow the top line because the economy isn't supporting that. what do you do? how do you respond to that? how do you protect your money? >> well the thing is you have to understand, actually mark hit on a great point, since 2009 revenues only grown by about 7% of the earnings have grown by almost 230%. the disparity's come from things like stock buybacks, accounting gimmickry in terms when do we account for stuff and when we don't. and so what drives corporate growth in the stock markets over the long term is that top line revenue, sales. that's what we node to see. that is what --. melissa: lance, i know that, tell me how do i protect my wealth in light of that? i hear what you're say
Search Results 0 to 10 of about 11

Terms of Use (10 Mar 2001)